Various aspects of audit planning, including risk assessment, internal control, and auditors’ responsibility for detecting fraud.

The integration of audit planning and audit evidence.

The methodology for designing tests of controls and substantive tests of transactions audit procedures for sales, cash receipts, and the other classes of transactions in the sales and collection cycle.

Non-statistical and statistical sampling methods for tests of controls and substantive tests of transactions.

The methodology for designing audit procedures for the audit of accounts receivable and other balances in the sales and collection cycle.

Audit sampling for tests of details of balances.

The audit of the acquisition and payment cycle, including the audit of accounts payable and other liability accounts.

The audit of the payroll and personnel cycle.

The audit of the inventory and warehousing cycle, including physical observation tests and the relationship of the inventory and warehousing cycle to other cycles.

The audit of the capital acquisition and repayment cycle.

The audit of cash and investment balances.

How to design and perform audit tests related to presentation and disclosure audit objectives.

How to conduct a review for contingent liabilities and commitments.

How to obtain and evaluate letters from the client’s attorneys.

How to conduct a post-balance-sheet review for subsequent events.

How to design and perform the final steps in the evidence-accumulation segment of the audit.

How to integrate the audit evidence gathered and evaluate the overall audit results.

How to communicate effectively with the audit committee and management.

The auditor’s responsibilities when facts affecting the audit report are discovered after its issuance.